REPORTING FOR 2019-11-20 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how EGP has been trading over the last 2 weeks and the past day especially. On its latest session, EastGroup Properties, Inc. ($EGP) opened at 132.55, reaching a high of 134.06 and a low of 131.83 before closing at a price of 133.61. There was a total volume of 195022.
VOLUME INDICATORS FOR EASTGROUP PROPERTIES, INC. ($EGP): We saw an accumulation-distribution index of 643.53669, an on-balance volume of -132.14, chaikin money flow of 1.95364 and a force index of 0.4508. There was an ease of movement rating of 0.00308, a volume-price trend of 8.50667 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR EASTGROUP PROPERTIES, INC. ($EGP): We noted an average true range of 0.97818, bolinger bands of 131.89399, an upper bollinger band of 131.69601, lower bollinger band of 131.83, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 132.81333, high band keltner channel of 131.30333, low band keltner channel of 134.32333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 131.83, a donchian channel low band of 131.83, a donchian channel high band indicator of nan, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR EASTGROUP PROPERTIES, INC. ($EGP): We calculated a Moving Average Convergence Divergence (MACD) of -0.00157, a MACD signal of -0.00087, a MACD difference of -0.0007, a fast Exponential Moving Average (EMA) indicator of 131.83, a slow Exponential Moving Average (EMA) indicator of 131.83, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.24279, a trix of 4.17572, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -7.96456, a KST Oscillator (KST) of 64.30012 and a KST Oscillator (KST Signal) of 64.30012 (leaving a KST difference of -0.14128). We also found an Ichimoku rating of 133.305, an Ichimoku B rating of 133.305, a Ichimoku visual trend A of 126.29153, an Ichimoku visual trend B of 128.18937, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.
MOMENTUM INDICATORS FOR EASTGROUP PROPERTIES, INC. ($EGP): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 91.70943, a stochastic oscillator of 147.68212, a stochastic oscillator signal of 147.68212, a Williams %R rating of 47.68212 and an awesome oscillator of -0.26508.
RETURNS FOR EASTGROUP PROPERTIES, INC. ($EGP): There was a daily return of 6.43001, a daily log return of -0.05311 and a cumulative return of -0.0531.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-20 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for EastGroup Properties, Inc. ($EGP)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling EastGroup Properties, Inc. ($EGP) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.